1201 Masters Place Way Unit 181 Durham, NC 27703
Eastern Durham NeighborhoodEstimated payment $3,661/month
Highlights
- Fitness Center
- Active Adult
- Clubhouse
- New Construction
- Open Floorplan
- Traditional Architecture
About This Home
Welcome to the Townsend - Your Ideal Retreat in Our Newest 55+ Community!
Discover comfort and convenience in this beautifully designed single-level home, crafted for effortless main-level living. Step inside this 3-bedroom, 2.5-bath haven and you'll find two welcoming bedrooms just off the entryway, perfect for guests or hobbies. The formal dining room sets the stage for memorable dinners and special celebrations, flowing seamlessly into the bright, open family room. At the heart of the home is a cheerful gourmet kitchen, complete with a spacious island—perfect for everything from meal prep to morning coffee with friends. Relax and unwind in the expansive family room, or step outside to your very own screened-in back porch—your private escape for fresh air, peace, and relaxation, just steps from your living space. When the day winds down, retreat to your elegant primary suite featuring a generous walk-in closet and a spa-like en suite bathroom. It's the perfect sanctuary to call home. Comes with refrigerator, washer/dryer AND blinds!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,000
Year Built
- Built in 2025 | New Construction
Lot Details
- 0.26 Acre Lot
- Landscaped
HOA Fees
- $275 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Private Driveway
- 2 Open Parking Spaces
Home Design
- Home is estimated to be completed on 12/30/25
- Traditional Architecture
- Slab Foundation
- Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,369 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Smooth Ceilings
- High Ceiling
- Gas Fireplace
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Home Office
- Screened Porch
- Pull Down Stairs to Attic
- Fire and Smoke Detector
Kitchen
- Built-In Oven
- Gas Cooktop
- Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- ENERGY STAR Qualified Appliances
- Quartz Countertops
Flooring
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer
- Sink Near Laundry
Outdoor Features
- Patio
- Rain Gutters
Location
- Property is near a golf course
Schools
- Oakgrove Elementary School
- Neal Middle School
- Southern High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 0861-93-4478
Community Details
Overview
- Active Adult
- Association fees include cable TV, internet, ground maintenance
- Elite Management Association, Phone Number (919) 233-7660
- Built by Stanley Martin Homes, LLC
- Falls Village Subdivision, The Townsend Floorplan
- Falls Village 55+ Community
Amenities
- Clubhouse
- Game Room
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
- Dog Park
- Trails
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,115 | $112,500 | $112,500 | $0 |
| 2024 | $1,744 | $125,000 | $125,000 | $0 |
| 2023 | $1,637 | $125,000 | $125,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | For Sale | $560,000 | -- | $236 / Sq Ft |
Source: Doorify MLS
MLS Number: 10123993
APN: 232946
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